Bricks Archives - Page 32 of 33

The government of Malaysia is actively exploring the idea of using the gold dinar as a reserve currency, the country’s leader said today. Prime Minister Datuk Seri Anwar Ibrahim told the Dewan Rakyat, Malaysia’s lower house of parliament, that the use of the gold-backed currency will be discussed during an upcoming meeting on Islamic economics and finance to…

Gold

October 16, 2023410Views 0Likes 0Comments

Gold Price Forecast: XAU/USD hovers around $1,925 amid the geopolitical tensions, Chinese stimulus hope

Gold price (XAU/USD) posts modest losses around $1,925 during the early Asian session on Monday. The market sentiment is mixed as investors have some hope for a new round of Chinese stimulus plans to boost the economy, while the geopolitical tensions between Israel and Palestine remain the focus. Meanwhile, the US Dollar Index (DXY), a measure…

Gold

October 16, 2023461Views 0Likes 0Comments

Gold futures gain $58 as safe-haven buying moves gold dramatically higher

Gold futures basis the most active December contract is trading dramatically higher, up $58.50 and fixed at $1941.40. Today’s surge in gold pricing is the direct result of attraction by market participants to move a portion of their portfolio into a safe haven asset. This is the direct result of the current geopolitical conflict between Israel and…

Gold

October 13, 2023384Views 0Likes 0Comments

Central Banks a Catalyst for $2,100/oz Gold

Analysts from Toronto-Dominion Securities (TDS) are out with a research note highlighting how healthy demand for Gold coupled with a future dovish twist from the Federal Reserve could see future Gold prices heading over $2,000 per ounce. Early data on central bank gold purchases show that buying activity continued to be robust in September. China once…

Gold

October 11, 2023546Views 0Likes 0Comments

Gold Recovers From Deep Sell-Off

Gold markets have managed to partly pare back losses and reverse a deep selloff over the past couple of days after Friday’s surprise attack by Hamas on Israel, overcoming negative sentiment triggered by the Fed’s hawkish outlook of higher-for-longer interest rates as well as a brawny dollar. Gold prices have gained 2.3% since Friday to trade…

Debt Dollar FED Gold Platinum Silver

October 11, 2023438Views 0Likes 0Comments

Global central banks are hoarding gold like never before as they seek to reduce ‘overconcentration’ of dollar reserves

Global central banks have been snapping up record amounts of gold

Gold

October 10, 2023381Views 0Likes 0Comments

U.S. Dollar ‘Collapse’—Shock $8 Trillion Predicted Fed Inflation Flip To Spark A ‘Critical’ Bitcoin, Ethereum, XRP And Crypto Price Boom To Rival Gold

The bitcoin price has lost around 60% since peaking at almost $70,000 per bitcoin in late 2021, wiping around $2 trillion from the price of ethereum, XRP and the rest of the crypto market—even as a BlackRock insider primes the market for a $17.7 trillion earthquake. Now, as the Federal Reserve grapples with a $33 trillion U.S.…

Malaysia is actively exploring the gold dinar as a new reserve currency

Gold Price Forecast: XAU/USD hovers around $1,925 amid the geopolitical tensions, Chinese stimulus hope

Gold futures gain $58 as safe-haven buying moves gold dramatically higher

Central Banks a Catalyst for $2,100/oz Gold

Gold Recovers From Deep Sell-Off

Global central banks are hoarding gold like never before as they seek to reduce ‘overconcentration’ of dollar reserves

U.S. Dollar ‘Collapse’—Shock $8 Trillion Predicted Fed Inflation Flip To Spark A ‘Critical’ Bitcoin, Ethereum, XRP And Crypto Price Boom To Rival Gold

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